Follow Us :

Section 35(1)(iii)

Latest Articles


Income Tax Benefits related to Research & Development expenses

Income Tax : ISRO succeeded in Mars mission by launching the largest rocket GSLV Mark III in space after lot of efforts and spending crores of ...

April 19, 2020 92380 Views 14 comments Print


Latest News


Budget 2010-11: Weighted deduction on payments made to associations engaged in research in social science or statistical research and exemption in respect of the income of such associations

Income Tax : Section 35 of the Income-tax Act provides for deduction in respect of expenditure on research and development. The existing provis...

February 27, 2010 1838 Views 0 comment Print


Latest Notifications


Notification No. 92/2010-Income Tax Dated 23/12/2010

Income Tax : Notification No. 92/2010-Income Tax It is hereby notified for general information that the organization Indira Gandhi National Ce...

December 23, 2010 1081 Views 1 comment Print

Notification No. 82/2010-Income Tax Dated 28/10/2010

Income Tax : Notification No. 82/2010-Income Tax It is hereby notified for general information that the organization Centre for the Study of De...

October 28, 2010 493 Views 0 comment Print

Notification No. 75/2010-Income Tax Dated 11/10/2010

Income Tax : Notification No. 75/2010-Income Tax [F.No.203/152/2009/ITA-II), dated 11-10-2010. It is hereby notified for general information t...

October 11, 2010 364 Views 0 comment Print

Notification No. 74/2010-Income Tax Dated 28/9/2010

Income Tax : Notification No. 74/2010-Income Tax It is hereby notified for general information that the: organization Xavier Centre of Historic...

September 28, 2010 376 Views 0 comment Print

Notification No. 42/2010-Income Tax Dated 1/6/2010

Income Tax : Notification No. 42/2010-Income Tax It is hereby notified for general information that the organization Kashba Youth, Egra, Purba ...

June 1, 2010 850 Views 0 comment Print


Latest Posts in Section 35(1)(iii)

Income Tax Benefits related to Research & Development expenses

April 19, 2020 92380 Views 14 comments Print

ISRO succeeded in Mars mission by launching the largest rocket GSLV Mark III in space after lot of efforts and spending crores of rupees on research and development. Similarly if businessmen carry out such R&D, etc. activity, then is there any provision of Income Tax which benefits him?

Notification No. 92/2010-Income Tax Dated 23/12/2010

December 23, 2010 1081 Views 1 comment Print

Notification No. 92/2010-Income Tax It is hereby notified for general information that the organization Indira Gandhi National Centre of the Arts, New Delhi has been approved by the Central Government for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules, 1962 (said Rules), from assessment year 2010-11 onwards in the category of ‘Other Institution’, partly engaged in research activities subject to the following conditions

Notification No. 82/2010-Income Tax Dated 28/10/2010

October 28, 2010 493 Views 0 comment Print

Notification No. 82/2010-Income Tax It is hereby notified for general information that the organization Centre for the Study of Developing Societies, New Delhi has been approved by the Central Government for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with rules 5C and 5E of the Income-tax Rules, 1962 (said Rules) from Assessment year 2010-11 onwards in the category of ‘other Institution’ partly engaged in research activities subject to the following conditions, namely :–

Notification No. 75/2010-Income Tax Dated 11/10/2010

October 11, 2010 364 Views 0 comment Print

Notification No. 75/2010-Income Tax [F.No.203/152/2009/ITA-II), dated 11-10-2010. It is hereby notified for general information that the organization Maharashtra Rajya Draksha Bagaitdar Sangh, Pune has been approved by the Central Government for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules. 1962 (said Rules), from Assessment year 2010-2011 onwards in the category of ‘Other Institution’, partly engaged in research activities subject to the following conditions, namely:-

Notification No. 74/2010-Income Tax Dated 28/9/2010

September 28, 2010 376 Views 0 comment Print

Notification No. 74/2010-Income Tax It is hereby notified for general information that the: organization Xavier Centre of Historical Research, Goa has been approved by the Central Government for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules, 1962 (said Rules), from Assessment year 2010-2011 onwards in the category

Notification No. 42/2010-Income Tax Dated 1/6/2010

June 1, 2010 850 Views 0 comment Print

Notification No. 42/2010-Income Tax It is hereby notified for general information that the organization Kashba Youth, Egra, Purba Medinipur, West Bengal has been approved by the Central Government for the purpose of clause (iii) of sub-section (5) of section 35 of the Income-tax Act,

Budget 2010-11: Weighted deduction on payments made to associations engaged in research in social science or statistical research and exemption in respect of the income of such associations

February 27, 2010 1838 Views 0 comment Print

Section 35 of the Income-tax Act provides for deduction in respect of expenditure on research and development. The existing provisions of section 35(1)(ii) provide for a weighted deduction from business income to the extent of 125 per cent of any sum paid to an approved and notified scientific research association or to a university, college or other institution to be utilized for scientific research.

Notification No. 57/2009 – Income Tax Dated 9/7/2009

July 9, 2009 550 Views 0 comment Print

Notification No. 57/2009 – Income Tax It is hereby notified for general information that the organization Eye Research Centre, Chennai has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act) read with rules 5C and 5E of the Income-tax Rules, 1962 (said Rules), with effect from 1-4-2009 in the category of ‘other Institution’, partly engaged in research activities subject to the following conditions, namely:-

Search Post by Date
April 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930